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that italy can go back on to a sustainable growth path and -- >> is that with or without berlusconi involved? because end of february are these elections. >> yes. the elections are, of course, more the campaign heading into the elections with all these noises, especially the end ecb noises that we hear from italy. that's going to cause concern that if italy does need help, how likely are they going to be to get it? in the years from 1993 to 2007 italy brought down its debt to gdp ratio to almost 100% and half of that time berlusconi is prime minister. it's not like berlusconi has a record of fiscal spending. >> no. but i guess also the times were different. >> the times were different but the interest rate was slightly higher than it is now. but the primary surplus of the country ran over that period which was an acceptable 3% on average is already right now reached once again. so all the parameters are in the right place and the only thing the next government needs to do is actually nothing. if it does nothing, if it doesn't reverse the reforms -- >> what's interesting is what berlusconi is
. >> turmoil in italy. berlusconi throws his hat in the ring. retail sales numbers out of china, hoping the economy is in fact on an upswing. >> apple, enthusiasm. jeffreys trimming its price target to 800 from 900, as apple shares do trade lower in the pre-market. we'll start with mcdonald's, posting better than expected november same-store sales, global comps up 2.4. u.s. same-store sales up 2.5, offered by breakfast offerings, including that cheddar/bacon/onion sandwich, as melissa mentioned. jim? people are saying the u.s. maybe is making a turn here. >> i find mcdonald's is levered to new products, levered to menu technology. they do invent things. my hat's off to janet. they had this number last week. reminds people, again, they've been right down, and up. mcdonald's is one of those things where joe asked me from squawk when we were talking, i said, i think this is a for real term. if they continue to innovate. i may this may not be your cup of tea, burger, but innovation s higher. >> they tried to sell it to consumers as opposed to their extra value menu, which is a little bit hi
headlines making news, former italian prime minister sylvio berlusconi, he was forced to resign last year. he's got a new girlfriend. nbc reports he's dating an italian politician that is 49 years younger than he is. he's 76 and francesca is 27. now despite facing a trial for underaged prostitution charges berlusconi is also trying to return to power. he is running for a fourth term as prime minister. >> bill: how much older is he? >> 49 years older than she is. he's 76. she's 27. >> bill: viagra is a wonderful drug. >> another documentary about former president bill clinton is set to be produced to air on hbo. it has a major hollywood name behind it. deadline reporting martin scorsese will produce the project that will explore clinton's perspectives on history, politics, culture and the world. it is reportedly being made with the former president's full cooperation. look for it next year. >> bill: i don't know if he's putting any money into it. >> quite possible. and the world's oldest person, dina of iowa, sa
berlusconi's party with their support setting the stage for new general election in february. ♪ >> gregg: well, look out, from weather, leaving few areas of the country untouched. heavy snow, and strong winds, threatening to make christmas travel a real chore. the nation's airports now looking like waiting rooms. stranded passengers waiting for cancelled flights to be rescheduled and in green bay, wisconsin, home of the packers, buried in snow, so bad, lambeau field is hiring fans to help shovel it away before tomorrow's game. maria molina live in the fox extremes weather center. >> snow storm in the midwest and great lakes and north east and is now exiting the u.s. and pulling into canada amd winding down as far as intensity and snow goes well, have lingering snow showers, in up state new york and portions of vermont and western connecticut and massachusetts. again, overall, the storm system pretty much over and done with, the wind will continue to die down and temperatures, will be chilly behind the storm. midwest, southeast, quiet for today and as we head westbound we still have big t
saw the negative reaction. sylvia berlusconi wants to make his return on the political scene. today, we saw a bounce back. if you can see see bind me, the bank stocks in italy rerebound, but it's only in the range of .5% to 1% of these names which were down in some cases nearly 10% yesterday. if you take a quick look at european bourses, if that's possible, down near the ftse mib, this is the one selling off somewhere in the range of 3.5% yesterday. today it's adding about .8%. in spain, showing a nice rebound. same attitude listing peripheral debt. we can take a look there. italy and spain seeing prices rise, yields falling to 4.75% and 5.75% respectively. is investor attention returning to spain? here is the thing. italy is the third biggest government debt market in the world. it's the third biggest economy in the eurozone. whatever happens with its political situation could put neighboring pressure on spain. the main thing to keep an eye on here is whether spain comes back into the markets cross hairs. we saw today an auction go up reasonably well. we're looking for the country
of a much earlier election in italy. to that end it is fascinating. sylvia berlusconi has come out today warning about the germano center of politics. in other words, too much of a focus on what is happening from germany and the austerity inspired by angela merkel. in particular, he is drawing attention to this. which is the spread of the extra that investors demand to hold italian bonds over german bonds. i've shown this to you a couple times. over the last year it's been a mainstay of a lot of the italian business broadcasts internally. they say our bonds are currently trading so many basis points above the germans on their hourly bulletins. that was one of the reasons why at the height of it berlusconi was kicked out of power. he's saying now this is a total calm. italians essentially should ignore it. he said the spread is a con. back to you, carl. >> he is back. silvio is back. >>> as we head into the final fomc meeting of 2012 fed policymakers have traders on edge. want to get to rick santelli on that in chicago. >> i'm on edge, all right. let's do a summary before i bring my guest
president haas me mubarak's regime. silvio berlusconi said he's not done with politic s yet. he posted a message saying people are begging him to get back into politics so he'll run for prime minister again. he resigned as prien minister over a year ago at the height of his country's debt crisis. he's been linked to several scandals over the last few years. >>> if you won the lottery, withed you quit your job or keep it? >> i think i would keep mine. the second winner in last month' big powerball drawing says he likes his job and will keep working. the winner is a married man in his 30s who lives in arizona. he doesn't want to reveal his name or his identity. you can't really blame him for that. he and his wife will take home about $192 million before taxes. >>> and here's what's trending online today. the autopsy of murdered rapper notorious b.i.g. has been released 15 years after his death. among other things, it shows the rapper whose real name was christopher wallace, was shot four times but only one of the shots was fatal. >>> former florida governor charlie crist tweeted he has j
Search Results 0 to 6 of about 7